2012-12-01
2012-12-31
x bob
x john boehner

STATION
MSNBCW 42
CNNW 28
CNBC 27
CSPAN 3
KPIX (CBS) 3
KQED (PBS) 2
KQEH (KQED Plus) 1
KRCB (PBS) 1
LANGUAGE
English 121

Set Clip Length:


three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta

they captured a u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead. >>> so you don't read runway ? >> no. >> before today you never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> the devil's diplomacy. vogue editor anna wintour, u.s. ambassador? maybe. "newsroom" starts now. good morning. thank you so much for joining me. i'm carol costello. this morning iran is bragging. it claims it capture d an american drone. the u.s. is denying it. iran has made that drone a star on state tv. according to iran's state-run news agency, the drone was captured immediately after entering iranian air space. the drone, now being sh

remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. l

next year is likely to be a bit better next year here in the u.s. and globally. >> susie: we saw that treasury yields rose, and is this a signal to get out of treasures and to put your money into stocks? this has been a safety area for most investors. >> it sure is. i bought a bond and it went up, and why do you want to take this away from me. but i believe in the premises of your question. if, in fact, the economy is a little better, and the financial risks are a little bette th's a recipe for very low interest rates, for a mild increase in interest rates, which means bond prices go down. i would not be overweight in the treasury area. i would have modest weights and have the rest made up in equity, susie. >> susie: bob, thanks a lot. we look forward to your 10 predictions in 2013. we'll be talking to you about that. robert doll as nuveen as asset manament. >> susie: there was a new twist today in the samsung-apple saga over patent disputes. samsung electronics dropped a critical lawsuit banning the sale of apple products in euope. the good news helped put some shine on apple sh

and what concern if any should the u.s. have? >> well, among the key concer concerns is the notion that he is not subject to judicial review. in any normal democratic system where there are checks and balances you would have legislative check and judicial check among others on act of an overact as executive. what we see with mohammed morsi, leader of the muslim brotherhood is after winning a narrow election he is using every tool at his disposal to make generational impact by way of what he says. >> jamie: when i watch the pictures and i see both sides protesting, i wonder to myself so much was sacrificed for what the people there wanted. free society, ability to livepeacefully and pray the way they want. muslim brotherhood growing the way it has. is that a sign of what the middle east will look like? >> clearist sign so far. of what the turbulence of arab spring brought us. with have no way to shape outcome of the political systems but we know if we don't speak clearly about what is important to us and don't take action to bolster those who are secular and democrat nick the outlook to bal

new poll shows that 52% of u.s. adult dults favor major restrictions on guns, making all guns illegal versus 47% last august. let's turn to our white house correspondent brianna keilar. she's joining us. the president came out and didn't mince very words. >> reporter: no, wolf. this is the first time that president obama has laid out a time line. he appointed vice president biden to lead this group of cabinet lawmakers to come out with some solutions and he wants those recommends from him no later than january. the president said this time washington won't just talk about tackling gun violence. >> this is not some washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and then pushed aside. this is a team that has a very specific task to pull together real reforms right now. >> reporter: he urged congress to vote early next year on an assault weapons ban and high ammunition clips and close the loopholes so all gun buyers are subject to background checks. >> we're going to need to work on making

rather childish about the fiscal cliff, this is not child's play. 33 days left. and the u.s. ambassador to the u.n., susan rice, facing new scrutiny today from democrats. this time about her personal investments. and the number of drones has surged. the newest versions, though, pretty incredible. they look like a cheetah and a fish. let's go "outfront." >>> good evening, everyone. i'm erin burnett. "outfront" tonight, hey, washington stop playing battleship. yes. battleship. we went out and bought it because we wanted to remind you, the kids game where the goal is, i'll read it, can you sink your opponent's fleet before your opponent sinks yours? pretty perfect. this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing rope a dope. >> i wasn't going to have him building roller coasters all day long. >> sure, who doesn't want to be a kid again, but washington, you have real work to do. a

on the agenda when u.s. and russian officials met in geneva today with the u.n. peace envoy. reports say after 21 months of relentless bloodshed, they agreed it was still possible to find a political solution to the crisis. but russian foreign minister sergei lavrov insisted the meeting did not mean moscow's support for syrian president bashar al assad is weakening. fierce fighting threatening to engulf the city of damascus. >>> as that battle for the capital intensifies, the stakes are getting higher in syria, and the regime is getting even more desperate. the pentagon believes government troops have loaded bombs with sarin gas in what may be the last-ditch attempt for president assad to hold onto power. but as barbara starr reports now, a u.s. military strike on syria is not without risk. >> reporter: with the u.s. now believing the syrian government has chemical-filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a senior u.s. official tells cnn a strike could be carried out with the ships and aircraft al

million investment to expand u.s. production in jobs. it's the real reason he was invited to michigan. with time running out for a deal before the holidays, the president and now speaker john boehner met at the white house, the first face-to-face meeting between the two in nearly a month. the first one-on-one meeting between the two. aides refused to characterize the meeting saying, quote, we're not reading out can details but the lines of communication remain open. but we'll do it for him. this is the real start of the negotiations, folks. if this week goes bad, we shouldn't worry about a deal. the plan is to get something passed by friday, december 21st or even december 24th. and then the legislation has to be written by the 18th. and that means that obama and boehner must reach some framework of an agreement by december 14 or 15 if there's going to be a deal. what does that mean? lots of serious talks have to begin now. we can put the posturing finally aside. we've run out the clock on this posturing phase. >>> bob corker joined a growing number of republicans who argue that agreei

, the u.s. is concerned about what they're seeing in libya, according to all reports, that some of the weapons that were supplied through middle men have now gotten to terror groups. they're concerned about tracking the weapons and about possible blowback depending what kind of regime replace assad because no one thinks this regime will survive, whether it takes weeks, months, or a year. no one really thinks and you are a lot closer to it than all of us that assad is going to survive. >> it doesn't seem like assad is going to survive. when i went in a few days ago, i wasn't sure as well if he had a few more days, if he had a few more weeks. i don't think that this is going tolg very quickly. i would say a few more months. i explained this to -- or described it to one of our editors that imagine there's a big iceberg or a big wedge of ice and you are chipping at it with an ice pick. initially you just get tiny little flakes. eventually big chunks start to come off, and chunks are now coming off. the assad regime is breaking apart. rebel units are being -- are winning and taking o

surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can i

for the presidential race. walker won the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for our state and for the people of our state. >> reporter: new jersey governor chris christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race, but some republicans think christie didn't have to be that efuse sieve. they'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> reporter: from the say what category of entries comes a combo team, missouri senate candidate todd akin and richard murdoch of indiana. >> life is that gift from god, and i think even when life begins in that horrible situation of rape, that it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwipdalled throughout the year, but akin and maur dock pretty much shut that

. that is a scathing conclusion of an independent review board investigating the deadly september 11th attack at the u.s. consulate in benghazi. ambassador chris stevens and three other americans were killed that day. the panel finding security in benghazi was grossly inadequate to cope with the attack, that washington ignored repeated requests to beef up personnel, and ultimately a lack of transparency, responsiveness and leadership senior levels both this washington and in libya. alise, what do you make of this report. a lot of these findings we've been talking about for a very long time. >> that's right, but also in the last few months, there's been so much politicization of this attack, especially with these talking points and the whole issue of susan rice, ambassador susan rice and what she said about whether there was a protest. this report didn't find that there was a protest, but it also kind of really is the first look at what went wrong, a kind of very sobering look i'd say of what went wrong. and they said that basically the state department and the embassy in libya kind of missed the warning

opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and strong american economy. that has come from matt lairic before the president's speech there. polls show michiganders are torn, divided on this measure. some polls show a little bit of majority support on the effort. but the president is coming down squarely on the side of unions here. and he -- there is leave nothing room for doubt where he stands, brooke. >> that's what we're hearing, what you're getting from the white house today and certainly we don't know, but perhaps the president will mention what is happening not too far away in lansing. let me ask you, jessica, the fiscal cliff is something we have been talked about each and every day here on cnn, the president met with the speaker of the house and am i correct, has it been about a year since the two of them had a one on one face to face, so what are we learning detailwise from the meeting? >> the bottom line is the status appears

saying the differences in the u.s. congress over the fiscal cliff could be settled if. that's what he's really saying in this press conference in damascus. the elements are there under plan world powers agreed to back in jeune. but, of course, getting agreement if there fr. the assad side and the rebels the and the government, that's a tall order. he's an experienced negotiator. there seems to be some momentum with a flurry of talks and shuttle-type dip ploemmy but he still said and lamented syria is deteriorating rapidly. and as he said there's no u.s./russian plan. there may be discussions on options. can will there a transitional government formed and then elections but we're still not at that stage yet, suzanne. >> do we think he's bringing anything to the table that kofi annan did not who failed in brings these sides together? >> yes. and in failed, it may be a matter of timing. certainly the matter of violence has an eastbound. 40,000 report lid dead. brahimi has not had that success either but he's plugging away. he's been the man in the field from the u.n. from haiti to yemen.

. the only place you have it is overseas. europe looks stable compared to the u.s. right now what does that say about our dysfunctional system? it says our dysfunction is our competitor's advantage in this market and that is sad. >> amen to larry. that was well said. i don't think i can add anything. >> for the average investor watching right now, any advice? >> no. i think that what's going to happen is there will be refl reflexive knee-jerk reaction higher if one of those two things i said happen. the market was up quite a bit since mid-november. the small-cap his been up 9.5% until the sell-off and they'd given a lot of that back, but there was a lot of good feelings priced in, and to me it's not that awful for us to take some of that off. i think the next month will be choppy and whipsaw, but 2013, there are a lot of good things going, housing market, china, japan. i would buy some things. >> guys, got to cut you off. larry, you'll get more time next time, promise. see you later, jim. >>> we're all over the fiscal fiasco. tune in to cnbc this sunday night. yep, we're working the we

. >> thank you. >>> dramatic rescue. americans were kidnapped in afghanistan. they are freedly u.s. military coalition troops. they took him on wednesday in the district outside of kabul. six people were killed. two arrested during the dangerous mission. dr. joseph is seen here in this video posted on youtube. there's no word on his condition or if he was harmed in captivity. >>> in egypt, a call for new protest against president morsi today. his attempt to diffuse weeks of unrest failed. last night's announcement did not satisfy opponents on a draft constitution. we are live in cairo. do his opponents see this as a victory? >> reporter: well, right now, they don't feel it is a victory. not only has the referendum gone ahead as scheduled, there's been no dialogue about the constitution and the articles which are the main source of detention. the decree issued november 22nd was the cast list to the street protests we have been seeing. over the past two weeks, the demands of the protesters extend beyond the decree. they want a new constitution drafted. what the opponents say is the constitutio

november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had this number last week. reminds people, again, they've been right down, and up. mcdonald's is one of those things where joe asked me from squawk when we were talking, i said, i think this is a for real term. if they continue to innovate. i may this may not be your cup of tea, burger, but innovation s higher. >> they tried to sell it to consumers as opposed to their extra value menu, which is a little bit higher price point. that combined with these product innovations, they're very cognizant of margins when they're trying to push iced mixed drinks. the sandwich -- which i've not tried. >> you said cheddar/baconburger. >> it looks like they're going to remain modest at best. margins are going to be a bigger piece. i thin

business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in people's pockets until they actually pay their taxes or do their tax returns the following year. because that's when they would have to calculate the amount they owe and whether they paid enough taxes in 2013. so the good and bad news about that is that is not going to affect people right away, but that also means they can put that one off for a long time and we could go --

it blasted off the west coast and the u.s. military which monitors the activity of that isolated nation says it looked like an object was placed into orbit. so let's get up-to-date. chris lawrence is at the pentagon. >> we're getting better and new information about that north korean launch. u.s. officials now saying that the satellite that north korea put into space is now in polar orbit. norad has been monitoring it with its space sensors. remember, they tried a rocket launch earlier this year back in april. they did not have much success. this is the first time they have seen all three stages of that rocket launch work and be able to put a satellite into orbit. it sounds very benign, putting a satellite into orbit is not something that you would think of that has military connotations. but the same technology that you use to put a satellite into orbit is really the same kind of technology that you would use to build a long range nuclear missile. >> and the timing appears to have been some kind of surprise to u.s. officials. how worried is the pentagon right now after this launch? >> well,

. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> w

to continue to be an outstanding u.s. ambassador to the united nations. i hadn't made a decision about who would be my next secretary of state. there's no doubt that susan was qualified. there are other people who are qualified as well. her interest is in serving me but most importantly serving the country. and she's done an outstanding job. i could not be prouder with her. she will continue to be one of the top members of my national security team. >> we talked about the next choice. it's interesting to watch the dominos fall. a lot of people saying john kerry now is the choice. all these same senate republicans who were challenging susan rice said john kerry will breeze through. it will be an easy confirmation. then that opens up a senate seat in massachusetts. could scott brown come back? this opens up a whole new series of conversations. >> to andrea's last point, you kind of wonder if it's only six weeks after a very, very resounding win in the election and obama was not pounding his fist standing strong, you wonder what the next four years will be. >> he was angry. >> he could wen a

they have a man in their custody they believe is connected to the attack on the u.s. consulate in benghazi on september 11th and killed four americans including ambassador chris stephens. according to an e judicial source the man is identified as being in his late 30s. he is known to egyptian intelligence officials for his connections in the past with extremist groups in egypt and libya and his connections with groups in afghanistan and iraq. after the country's revolution he managed to escape from a prison where he was being held. it was shortly afterwards he emerged on this scene for egyptian intelligence officials who say he began trading in arms between libya into egypt and then ultimately onto gaza. right now there's no indication what role he may have played precisely in the attack on the u.s. consulate. he is being held in egyptian custody. there were some conflicting reports as to when he was actually detained. some suggested he was arrested on friday morning. there were other reports suggesting he had been arrested several weeks ago. right now he remains in egyptian custody. he ha

will not testify for now.ecovering from that concussion. john bolton, former u.s. ambassador to the u.n. and fox news contributor and good morning to you. >> good morning. bill: tell me about this review board, what do they do, who is a part of this? >> it was appointed by the state department itself to look into the incident at benghazi. this is a standard procedure. i'm sure they have written a thorough report but it will not be the end of the controversy. bill: why would it not be if it is a thorough report. >> the people did the appointing are the people who did the questions. i don't think the conclusions will necessarily withstand scrutiny. they could cover three main areas. one, why did the stated department reject continued requests for enhanced security for before september the 11th? number two, could we have done more to protect our people during the attack. and numb 3, who came up with this ridiculous story that the whole thing was provoked by the mohammed video. bill: you think you get answers to all three in a review like this. >> you have the capability of it, i do? >> this is not

of those who serve and the fallen. the u.s. military this year so far, john, has lost 305 in afghanistan. >> so important to remember, barbara. as you said, the doctor and the mission was successful. the doctor was rescued? >> yes, he was. taken to a u.s. military hospital where he's recovering. i think we can expect him to be on his way home to see his family very shortly. you know, i just wand to add, the u.s. military has specially trained hostage rescue teams that are special forces. it's some of the most dangerous business that the u.s. military can do. but by all accounts the navy seal was killed by small arms fire which suggests, and we don't know the details yet, that certainly suggest that's there was quite a fire fight during this mission, john. >> barbara star from the pentagon, thank you. >>> let's get you up to date. here is christine romans with this morning's top stories. >> president obama and house speaker john boehner finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines o

you how the u.s. might respond to it. >>> up in flames a west virginia natural gas line explodes, the blast shutting down a major route through that state. >>> it could be one of the holiest twitter accounts yet, the pope sending his first tweet. wait until you see who is following. good morning, i'm don lemon, carol is off today. holiday horror, panicked shoppers rush to police after a gunman opens fire. here is the latest for you from the deadly mall shooting just south of portland, oregon. this morning, three people are confirmed dead, and a fourth victim is described as fighting for her life. police say the masked gunman killed himself as they closed in, making the motive for the killing spree all the more unclear right now. witnesses say he popped off at least 20 rounds seemingly choosing his victims at random. the shopping mall santa was among hundreds of people who heard the echo of rifle blasts. >> i was in the set there, there weren't too many kids at the time, i heard two shots and after that i heard about 15, 16 more shots and decided that that was gunshots so i hit th

have marginal movement, the cac up 4.2%. the ftse 100 up above .23%. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special. >> and people that, you know, that's where we get all of our info, right out of that baby there. anyway, futures are up 14 points. 13114 is where we are right now. i don't know. fiscal cliff is three days away and we're still above 13,000. that's what we're talking about. you would think if the growth was going to flow based on us going over the cliff, you would think oil would start to weaken. we haven't seen that much in that respect, either. as far as the ten year, stable at 98 of 6719. finally, gold -- i don't know. bernanke is on full 85 billion a month

and losses have been picking up in the last hour or so as we've seen renewed concern about the u.s. fiscal cliff whether a negotiation could be reached. we saw some optimism in the asian session overnight. i want to draw your attention to the most important story potentially for 20123 and that's what's happening in japan. you guys may recall yesterday it was up .9%. this market has been on a tear this year. it's up more than 20 one of the best asset classes. the yen continues to weaken. there's two reasons why we're focusing here. we got weak economic data out of japan. industrial production decline. we saw core consumer prices decline. we can show you, though, what's happening with the yen. we're seeing the new finance minister coming out and saying to other countries, you know, look, we're not trying to materially weaken our yen and you have no place to accuse us of doing so. he says a strong dollar policy would benefit the u.s. very much so. and, again, might benefit japan, too, because that will make it a lot easier to get that yen lower. today, the dollar/yen is up .2% because it's im

targeting the u.s. facility. at the same time the state department increasingly was relying on a local libyan militia known as the 17th february brigade as well as on outside security contractor to protect the consulate. the report concludes neither provided meaningful defense on the day of the attack. jenna: what about the hearings? will secretary clinton testify on any of this information? >> reporter: well the unclassified report is lengthy but a key piece is missing. it does not address the policy piece. for example, why was it that secretary of state hillary clinton and her office felt that a smaller, or light footprint was necessary or was justified in eastern libya given the intelligence about the deteriorating security conditions? just a short time ago a senior republican here on capitol hill said secretary of state hillary clinton must testify. >> i do think it's imperative for all concerned she testify in an open session prior to any changing of the regime. i think that that's very important for her. i think it's very important for our country and i think it's very important

center can now collect information about any u.s. citizen, without any reason or cause in the name of counterterrorism. we're learning about this, more about this now because julie andwin of the "wall street journal" did a freedom of information request to find out was there even a debate most the administration about whether or not it would be allowed to take any government file, so anytime you have the government if your life, now that file could go to national counterterrorism center, for any reason. are you comfortable with that? >> greg: well, i like, i mean, i happen to enjoy surveillance but for reasons i can't get in to here. giving eric holder access is giving car keys to a kindergarten glass. why do i feel like she will be the ground game in 2016? we have imprisoned a filmmaker, expanded surveillance over america and used drones to kill americans. we painted the right being those who infringe on right. but evil is done in name of america. >> eric: al-awlaki became a u.s. citizen -- >> i'm okay with it. he's a terrorist. it's bad under bush and okay under bam. the thing i

into play at the moment as we wait for the u.s. session. we did have a good piece of news, though, out of china. the new leadership saying wle do whatever it takes to maintain solid economic growth. the shanghai composite up nearly 3% today. that boosted retail stocks. we also had a spanish bond auction, prefunding for 2013. got nearly the 4.5 billion they wanted. yields in spain. the ten-year did come lower on that auction, so not a bad result. and bid to cover was okay. so spanish yields slightly higher after that. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut like hers, ross. you know, that anna wintour. that bizarre -- do you think you can manage it? >> a page boy. >> you think you carry that one? >> you'd look awful. >> you know what? we're going to do it. >> you're asking these guys to put me -- >> you'd look good in that one from "dumb & dumber." >> yeah. i make that sound. the most annoying -- you want me to do that? >> no, we don't. >> morgan stanley is trying to bolster lending.

on and take a look at some other data here. what's the biggest threat to the u.s. economy? slow job growth, 9%. moving on here to the next one, the euro crisis, that's come way down, 11%. the next one is going to be 33%. the winner, the fiscal cliff, 35%. what are people saying about the fiscal cliff? we have people write in, and i believe that's what we'll look at next. we'll look at the probability of a u.s. recession. that has come up. in part because of the fiscal cliff concerns. it was 19% back in march. a high of 36%. so we're halfway between the low and the high pretty much. this is a 13-month high for the probability of recession. now we want to show you what people are saying about the fiscal cliff, allowing the economy to go over the cliff would be extremely reckless, says donnelly. they're going out to try to help the unemployment rate. wall street doesn't believe it's going to happen. they do believe it will help lower mortgage rates and the unemployment rate and not a lot of help expected for the stock market. melissa? >> steve, thanks for that. that's interesting stuff there. >>

growing criticism over the last several weeks because of the way that she portrayed the u.s. consulate in benghazi. she blamed an angry mob, not a terrorist attack by al qaeda. rice has said that she was working off of information she had at the time, but republicans largely led by senator john mccain have accused her of misleading the american people and said because of that, they wouldn't support her nomination. it was that pushback that led her to give a letter to the president saying that she did not wish to be considered. she said she believed the confirmation process would be long, lengthy and disruptive and just not worth it to the country at this time. president obama did accept that decision, and then said that he regretted it but also said that it spoke to her character. she will likely continue to work close w closely with the president, either as his u.n. ambassador or as his security adviser. he will likely now nominate senator john kerry. larry? >> many thanks. on top of the susan rice story, we are also learning tonight that retired nebraska republican senator chuck hage

-runner for the job after the u.s. ambassador to the united nations, susan rice, withdrew her name from consideration last week. during the announcement the president indicated that kerry's senate career makes him more than capable for the job. >> in an extraordinarily distinguished senate career and as chairman of the foreign relations committee, john's played a central role in every major foreign policy debate for nearly 30 years. as we turn the page on a decade of war, he understands that we've got to harness all elements of american power and ensure that they're working together. >> secretary clinton wasn't present for the announcement. she's still recovering from a concussion. but in a statement she said that kerri is re is an excellent choice. north korean state media is reporting a u.s. citizen has been arrested in north korea for committing an unspecified crime. they say a tour guide entered north korea more than a month ago, was eventually detained after evidence was uncovered of some sort of crime. this comes ten days after a u.s. official said an american with a similar name was detained i

what michael dukakis has to say about the idea of being a u.s. senator once john kerry becomes officially the next secretary of state. being a little bit coy. could he run? here comes the new. >>> good morning from washington. it is wednesday, december 19th, 2012. this is the. i'm chuck todd. >>> today could be the day the two sides come together for a big deficit reduction deal or we could be 24 hours from it totally falling apart. that seems like telling you everything and nothing at the same time. but there's something to this. follow me here. the president and speaker boehner have really never been closer to a deal. they both made major concessions over the last i'd say 72 hours. the nation still mourning the tragedy in connecticut. both sides have admitted that the tone of the talks have changed. >> an event like that, as tragic as it is, brings us a little closer together. >> i continue to have hope that we can reach an agreement. it's not a time to put americans through more stress. >>> the biggest concession from the speaker has been backing off his pledge not to raise

. a rocket launch in north korea had the capability to travel 6,000 miles, one could conceivably reach the u.s. that's the assessment of three officials in south korea's defense ministry based on assessment of a part they recovered from one of the rockets. it shows the nuclear neighbor's intent. >>> president obama has not even nominated former senator chuck hagel as his choice for secretary of defense, but haggle taking heat over his past positions on iran and 2007 interview when he said "jewish loe lobby intimidated lawmakers." >> i would have serious questions to ask him, not just about israel, but to me the most significant foreign policy challenge for president obama and our world is iran. nuclear weapons program. chuck hagel has had some very outlying votes on that. >> i don't think he's going to get many republican votes. i like chuck, but his positions, i really didn't know all of them, frankly well out of the main street and to left of the president. >> he is the subject of a new ad opposing his nomination as defense secretary. dana, what do you think? he might not sail through like j

back to mortga"morn joe." there are new developments involving the attack on the u.s. consulate in benghazi. it places most of the blame on the state department for providing extra security. they conclude a systemic management failure at the state department resulted in grossly inadequate security at the consulate where four americans were killed that night. the report says the u.s. relied on poorly skilled local militia members to safeguard the facility, and investigators found no evidence it was sparked by protests to an anti-muslim video. >> no evidence of that, and that's what, of course, the white house and the press led with after this happened. >> this is from an independent panel. >> unbelievable. gross negligence, willie, against hillary clinton's state democrat department. >> the report found no cause for disciplinary action. they made 29 recommendations to improve embassy security. secretary of state hillary clinton reportedly has accepted all of them. >> can i ask you, when is the hearing? >> thursday. >> what is she going to say at the hearing. >> she's not going to

then ran for the u.s. senate as an independent but lost. now to this. ♪ >> south korean singing sensation psy gears up for a huge performance this weekend. there are no revelations about anti-american -- this anti-american rap song they did a few years back. the song "dear american" includes lyrics like kill those blanking yankees who have been torturing iraqi captives, kill their mothers, daughters, mothers-in-law, fathers. psy has since apologized saying the 2004 rap was protesting the killing of a south korean hostage by iraqi insurgents. but psy will still perform at the christmas in washington concert this weekend where president obama and the first family will be looking on. and senator stevphen colbert? south carolina governor nikki haley says that ain't happening. the palmetto state resident said he'd like to replace the outgoing representative. he explained why he'd be a great senator. the governor was not moved. her season? what she called stephen colbert's, quote, big, big mistake. >> what's the state drink? >> there's a state drink? >> it's milk. i didn't realize my state was

, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >>

by the new york times says that because tax rates are lower now than under president reagan, the u.s. can afford to raise taxes and our next guest says not so fast. are they missing the overall point? joining us is james freeman with the editorial board. nice to see you. >> good to be here. >> do you take the new york times at its word here on the research about the tax burden, during the reagan years, we have some graphics to show us some different family incomes here on the upper echelon. homes making $350,000 a year and now they're paying about 42% of income compared with 49% back in 1980? so they're saving money and that goes on all of the tax brackets, middle class and lower class, do you agree with that or do you think the new york times is missing the overall point here. >> as far as the numbers analysis, there's a lot of examination of that over the next few days, for the moment let's accept that everything they've said is true. the real point is the context here because what ronald reagan did was start a worldwide movement toward lower tax rates and growth followed. a lot of peop

of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, despite the fed announcing a new round of stimulus. chairman ber bernanke say worries about the fiscal cliff are resulting in softer business environment and waning growth. members of congress told not to make plans for the christmas holidays, citing the urgency of striking a deal to avoid the fiscal cliff. the speaker set to given a update out state of negotiations with the white house in two hours. we will bring br

in toronto as the nfl continues to move to expand its base outside of the u.s. a couple weeks ago, we had two new york jets fans. but now it's a couple more. great game between seattle and pittsburgh. >> did that guy get his pants pulled off? >> certainly did. my question to you, you got -- wasn't it nance and phil sympathies? >> yeah. >> don't you say, wow, there's a full moon today? don't you say something? >> i had to back it up on the dvr. >> was it immature to say -- i backed it up to show -- because we were laughing so hard. do you just not ignore -- >> it says something about our maturity levels. >> does it? and they're month march temperature? >> i felt bad for the player, i did. >> i did, but thank god it wasn't a full frontal. it was a full moon back. i would have said something. i wonder whether nance and simms should have just -- >> were they looking at it? >> they needed a joke. >> you needed to reference it. >> when they played the replay, they played it from a different angle. >> i think they -- come on, guys. in my entire life, i've never seen anything like that before. >> was

morning. 16 days before the u.s. goes over the fiscal cliff, but there could be a deal in washington. a source close to the talks tells cnn house speaker john boehner is willing to hike taxes on the wealthiest americans. that's something the president says must be part of any plan. speaker boehner previously called tax increases on the top 2% a nonstarter. >>> this week president obama is expected to nominate senator john kerry as his next secretary of state. the massachusetts democrat has served in the senate for almost 30 years. he's been chairman of the senate foreign relations committee for the past four years. the massachusetts governor duvall patrick would name a replacement until a special election. >>> outgoing secretary of state hillary clinton is resting at home after suffering a concussion. she's been battling a stomach virus and fainted after becoming dehydrated. her office said it's not severe but will skip he her appearance in front of house foreign affairs committee this week. she was scheduled to testify on thursday about the attack on the u.s. consulate in benghazi,

potential in the u.s. their growth is coming from other countries. right now they're operating, believe it or not, in 51 countries outside the u.s. they have about 30 million paying subscribers. they don't have enough content. the content that they've just acquired the rights to through disney is a real show stopper. it puts them miles ahead of the competition. amazon, hbo go, hulu, which disney owns a part of. >> julia, what's your take on this? >> the interesting thing, maria -- >> maria -- >> wait a second, julia. i'm sorry. what were you saying, porter? >> the interesting thing about this transaction is no price or terms were mentioned. the deal could actually be pretty close to the market cap of netflix, which is $4.8 billion today. >> i see. julia, go ahead. >> maria, i think a key thing to point out here is that netflix is now getting movie content in the same window as premium cable chabls used to get it. we're talking about hbo, showtime, stars. those were the three channels that had exclusive access to premium movies seven to nine months after they were in theaters. now that's

of surrender? based on what you know, what do you think? plus why hamid karzai blames the u.s. for damage in that war torn country in an exclusive interview with nbc news. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit an

, stabilization in europe and the u.s. at 2.7% gdp growth is a little stronger to handle this, so that's why i think you want to be buying on this. >> everybody wants to buy. so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't get a deal. the economy is as bad as last summer, looking at 1.5% growth for the fourth quarter, maybe the sa

of the biggest lobbying groups in the u.s. they had their hands in some 60 measures this year alone. carol, when you compare this group to, you know, the other advocacy groups, the brady campaign to stop gun violence, when you compare those two groups, the nra outspends that group some 66 times more than the brady campaign. and they spent more than 4,143 times more money on contributions. so this is a big, strong, powerful group. carol, when they talk about meaningful contributions, what does that mean? this is a group, if they were to support a ban on assault rifles, that would be a huge blow to gun makers. >> i can't see that happening. >> what does it mean, a meaningful contribution? we have yet to see. >> yeah. we have yet to see. friday's the big day when the nra will maybe spell out what those meaningful contributions are. >>> with polls showing that more americans now support stricter gun laws, the question of gun control may not be if, but when despite the nra. that's prompting many americans to go gun shopping right now. cnn's david mattingly is here to talk about this new spike in sale

with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. i can tell you that childhood is a magical time. but for children with diabetes, life is not quite so carefree. the barbara davis center for childhood diabetes is fighting hard to find a cure. irritability, excessive urination, weight loss. if you have any of these signs, please call your doctor. early detection can save your life. give to save lives and reach for the cure. call now or log on to childrensdiabetesfoundation.org. ♪ now got to cut loose

as a result of antitrust here in the u.s., a americaning of the two equity platforms of nasdaq and nyc. nyc kept as it, and my reporting is, let's call it september or so, right at the end of the summer, early fall, an overture was made to the nyc about a potential deal. discussions continued at that point and continued for a number of month ending with this morning's announcement from the two of them that they did in fact have a deal. fair >> david, what i'm hearing is that the cme group wanted to offer an even higher bid for the new york stock exchange. however, with this clearing agreement that the nyse has agreed to with i.c.e., that's probably not going to happen at this point, this is the deal that nyc is going to go with because apparently cme approached the ceo in the last couple of months, but it was probably too late. the nyc went ahead with i.c.e. and had been too further along. the question now, bob pisani, what happens with the other exchanges, hong kong, nasdaq? what are we seeing next in terms of the next target in the exchange space? >> well, at the very least, it's helped i

of the other airports. according to flight aware.com so far only about 70 nights cancelled in the u.s. so far today. that's a big difference from thursday and provide when that storm blew through the plains and midwest and the northeast. forcing the cancellation of more than 6000 pilots. in places like chicago, detroit, and new york. some of the 84 million drivers were traveling this holiday season also faced treacherous roads, snow and ice may continue to be problem today in the northeast. places like upstate new york and pennsylvania and west virginia. there's good news for drivers. take a look at this. right now the national for a gallon of regular unleaded is $3.24. that's much less than a month ago when the average was about $3.43. but it is about the same as a year ago. tens of millions of americans travel over the next few days, the travel conditions seem to be improving at least when compared to earlier in the week. alex? >> all right. appreciate that live report. we are going to get a look now at the forecast around the country. nbc meteorologist dylan dryer is here with more on that

Excerpts 0 to 53 of about 121 results.

Click for
next 67 results
(Some duplicates have been removed)


Terms of Use (10 Mar 2001)